Michael Plaks
Lenders v. CPAs war: automobile depreciation
How you write off your auto expenses does matter for taxes. It also does matter for loan underwriting. Notoriously, lenders and CPAs do not understand each others' rules and are often locked in needless conflicts. Fre...
Philip Congilaro
buying 1st property
Hay BP,My wife and I are renting a mobile home with the option to buy. the problem we have is neither of our credit is that good. My question is, my mother-in law owns her home. If she puts my wife on the deed does it...
Christopher Montgomery
The Difference
I am such a newbie at this type of investment, but am eager to learn. What's the difference between tax liens and notes??Thank you for your time
Devin Cutler
HELOC HELOC where do I get the Right HELOC?
So, I was about to do a HELOC and Refi with my Companies Credit Union, but there are stipulations on what the HELOC can be used for, I was told, "you cant use the HELOC to buy a business or another home." Can anyone s...
Geronimo T.
Investor loan down payment
I'm calling different banks asking what downpayment for investor loan is. Lowest I got is 15% for single door. If I get duplex, triplex or fourplex, then it's 25%. I'm in Texas. Is this standard? Is 15% good? Has anyo...
Harris Harris
Chain of title
Just trying to educate myself. I understand the chain of title is issued by the title company to the lender. Is this a document that they create showing the history of the property? What exactly is chain of title doc?
Jackson Rottenberg
Understanding the way of lending money
I still can't wrap my head around the idea of hard money and private money when it comes to paying it back. My understanding is that I will get a loan from either source and pay the interest every month and when I ref...
Andrew Postell
Yay! Tax Season! What you need to know on claiming deductions!
It’s tax season! Yay! Can we detect sarcasm when it’s typed out? Since April is fast approaching that means many of us will need to file our Federal Tax Returns. Even if you are filing an extension I have tried to...
John Brown
Tax deductions on a purchase of an investment property llc
Hi Everyone! I am brand new to the forum and had a relatively quick question, but could not find the answer anywhere online. Here goes:I have a growing business ( llc) (nothing to do with investment properties and cur...
Austin Gallogly
International Retirement Programs
So while I was looking into Belize Real Estate, I noticed that Belize offers a retirement program. You can find the details here (http://www.century21belize.com/retirement-program/), but that isn't the purpose of this...